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NKE    PPX    ADS    PUM    Benchmark  United States  NYSE  10,845   53.8164 Index Moved Down -0.4938%  


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Adidas Current Ratio  

73.7  0.01  0.01%     
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Adidas 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
 = 
1.68 times

About Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).
Compare Adidas to competition

Adidas Current Ratio Assessment

Value  
Benchmark  Embed   Alliance Comparables 
In accordance with recently published financial statements Adidas AG has Current Ratio of 1.68 times. This is 37.55% lower than that of the Consumer Goods sector, and 43.05% lower than that of Textile - Apparel Footwear and Accessories industry, The Current Ratio for all stocks is 53.97% higher than the company.

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Found 7 equities

Current Ratio

NKE GERNike Inc
2.84 times
PPX GERKering SA
0.92 times
ADS GERAdidas AG
1.68 times
PUM GERPUMA SE
2.05 times
GHH GERGeox SpA
1.88 times
1PL GERPowerland AG
2.28 times
FCA GERFAST Casualwear AG
1.67 times
You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  
Adidas is rated fifth in current ratio category among related companies.
NKE  
Benchmark  Embed   Alliance Comparables 
SymbolADS
IdentifierDE000A1EWWW0
NameAdidas AG
InstrumentGermany Stock
CurrencyEUR - Euro
ExchangeXETRA Stock Exchange
 

Other Adidas Fundamentals

Return On Equity10.16 %
Return On Asset4.61 %
Profit Margin3.37 %
Operating Margin6.10 %
Current Valuation14.43 B
Shares Outstanding204.33 M
Price to Earning30.45 times
Price to Book2.60 times
Price to Sales1.00 times
Revenue14.53 B
Gross Profit6.92 B
EBITDA1.14 B
Net Income558 M
Cash and Equivalents1.75 B
Cash per Share8.57 times
Total Debt1.88 B
Debt to Equity0.34 times
Current Ratio1.68 times
Book Value Per Share27.53 times
Cash Flow from Operations701 M
One Year High79.97
One Year Low52.94
Earnings Per Share2.35 times
Number of Employees45.92 K
Market Capitalization14.6 B
Total Asset12.42 B
Retained Earnings4.84 B
Working Capital2.97 B
Current Asset7.35 B
Current Liabilities4.38 B
Z Score5.2